ECUADOR GOLD AND COPPER CORP V.EGX

Goldcorp CEO sees Gold at $5,500 (U.S.)

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Ian Telfer sees Gold at $5,500 an ounce - Ian Telfer Chairman of URASIA ENERGY LTD. President & CEO of Goldcorp Inc. sees Gold at $5,500 (U.S.)an ounce. NP/DJ say ex Goldcorp CEO sees Gold at $5,500 (U.S.)an ounce. below is EGX PR - a little bit of history and overview - but written by some EGX very bullish long shareholders - An interesting Quote, said; "its very difficult to comprehend that the total value of all Gold and silver companies is less than $100,000,000,000. This total is 1/3rd of Microsoft''s Market Cap. and 1/4th of GE''s Market Cap.?; think of the funds that will become available to enter the precious metals markets and the natural resource markets - for LT SAFETY ! Think of all that money being spread around the few companies in the metals and resource sectors. " The Au LT Cross - Golden Eagle Symbol for Gold Mines - https://www.gold-eagle.com/gold_digest_04/images/Zeal121004A.gif GOLD is the Mother for the Golden Eagle Metal Group - - the Au Mother has made the wake UP Call - - All Metal Prices Going Fast Higher In Price - - EURASIA is a Last Frontier for Mining - RE: the EGX Gold Mines Production is only about 15 years old but with more than 50 Gold Deposits, one day it may become better another Newmont? - - The Worlds Largest Gold Mine - Another of Eurasia Gold Corp''s neighbors: Eurasia''s most abundant and strategic resources is GOLD. Before 1992, the region accounted for about one-third of soviet GOLD production, at a time when the soviet union ranked third in world GOLD production. - The Muruntau GOLD Mine - about 400 kilometers northwest of Tashkent in the Qizilqum Desert, is estimated to be the largest GOLD mine in the world.. Located in the Kyzylkum Desert area of Uzbekistan, about 400km west of Tashkent, the US$250 million Zarafshan-Newmont Joint Venture Gold operation at Muruntau was the first significant joint venture investment by a Western mining company in the Former Soviet Union (FSU). Newmont’s heap-leaching technology is used to treat sub-economic ore stockpiled by the adjacent Muruntau open pit since the Navoi combine started production in mid-1969. Zarafshan-Newmont employs approximately 725 people. Newmont’s involvement at Muruntau dates from 1990, when a Newmont geologist attending a conference in Moscow joined the first team of Western experts to visit the mine, which extracts about 21Mt/y of Gold ore that is processed and refined to 99.99% gold on site. In February 1992, only six months after Uzbekistan became an independent republic, Newmont Gold (Newmont Mining 91%) signed a 50/50 joint venture agreement to treat the stockpiled ore. Ground was broken in October 1993 and the first Gold was poured in May 1995. The European Bank for Reconstruction and Development (EBRD) arranged a $135 million debt facility, together with Barclays and other banks. The project''s resource consists of low-grade Gold-bearing material that was mined from the Muruntau quartz-stockwork system, hosted in metamorphosed sediments, over a 25-year period. Ore production during this time has exceeded 350Mt, with a further 600Mt of reserves. Of seven ore types occurring in the Muruntau pit, three have traditionally been stockpiled as untreatable using former Soviet technology. About 90% of the Muruntau gold is free and associated with silicification. Located in the dry Kyzlkum Desert, the Zarafshan-Newmont recovery plant is optimising Gold recovery from the Muruntau resource. Gold output has improved steadily since leaching started, while costs have fallen. In 1996, the first full year, 12.74Mt on the leach pad yielded 326,500oz of gold at a cash operating cost of $225/oz, but in the following year 14.6Mt of ore was leached, yielding 430,100oz at $204/oz. For 2002, Newmont reported total gold sales as 511,600oz at a cash operating cost of $134/oz, 15% higher than in 2001. Subject: EGX Profitable EURASIA GOLD MINES - Low Production Cost - RE: well by that standard EGX with an estimated earning of 8 to 10 cents per annum should lead us to a market value of between $ 2.56 and 3.20 per share, and this is the beginning not the end. Well. its a fair assumption and comparison with Newmont, Goldcorp - it can be said that Goldcorp don''t have any 50 or more Gold Deposits the USSR explored with public money over 35 years exploration and today are owned by Eurasia Gold Corp. EGX Mines - - EGX Gold deposits have only been drilled down only to about 300 feet - - still all 50+ Gold deposits classified as - Gold deposits which all can be mined with a profit by the Gov. USSR Geologists and Engineers before 1991 when it was a lower POG than todays GOLD $560 per ounce. - with more exploration and drilling the Eurasia Gold deposits may turning out to be very well world class large Gold deposits? - - to explore one gold deposit in Canada would cost more than $10 mil. often before any pre feasibility study is made by the mining engineers - - 50 Gold deposits x $10 mil. each sounds good to me and the five Gold Mines in production can''t be reconstructed with less than $100 mil. - - plus all Gold Ore Assets est. 90 tons of Au which will add a lot of Gold Hard Asset Values to Eurasia Gold Corp. - Profitable EURASIA GOLD MINES EGX:TSE- Low Production Cost - Eurasia Gold Mines have Three Mines in Production - and more than >50 Gold Projects Two Be Mined - Eurasia Gold Corp. EGX has exceeded previous Gold operational production at their Gold Mines,,, adding the extension of full scale mining operations, add - to gold production, add - to it increase in gold recovery, add - to it has exceeded previous operational production, add - to it long experience of more than 10 years of gold production, add - to it that the company employ more than 600 mine workers, add - to it that EGX owns three gold mines in production, add - to it that the company control and own more than 50 gold deposits, add - to it said by USSR geologist in 1991 that all of the gold deposits can be mined for a profit, add - to it has exceeded previous operational gold sales previously achieved by the Company to date, add - to it that the company has not drilled below 60 m? add - to it that the gold increasing often with the depth add - to it and no dilution of shares,,, The current gold production to date of 27,072 ounces and gold sales to date of 26,070 ounces has exceeded the previous year''s annual operational gold production and sales. Annualised gold production and sales for 2003 were 25,332 ounces and 25,951 ounces respectively. Commenting on this achievement Mr Baltabek Mukashev, President and CEO reconfirmed the Company''s commitment to continue to increase gold production cost effectively by investing in technology and improving the efficiency of our mining operations. The Company has successfully demonstrated the application of technology and improving the efficiency of the mining operations with a 25% improvement in gold recovery from the new crushing and agglomeration complex at Central Mukur. Eurasia Gold Mines - Excellent Gold Producer DD ---> https://www.eurasiagold.com https://www.zealllc.com/c2005/Zeal021805A.gif The First LT - Long Term GOLD Bull Leg Completed - - Its a 5-Wave Elliott pattern - in the LT Bull Legs - - Its 4 more LT - Long Term GOLD Bull Legs To GO - - The next GOLD Bull Leg Started - - The Gold bear market since 1980 lasted about 20 years - - I looking forward to a Long Term LT GOLD BULL - for the next 10 years - - history often repeat itself - DD ---> https://www.ivarkreuger.com/gold.htm https://finance.yahoo.com/q?s=egx.v Eurasia Gold Corp. trading on Toronto Stock Exch. - TSE - https://www.tse.com/HttpController?GetPage=QuotesViewPage&DetailedVie... punch in symbol EGX at https://www.tse.com/ - EGX strategic Gold Mines bargain - Imo. Subject: EGX Profitable EURASIA GOLD MINES - Low Production Cost - GoldKazakhstan Inc. - Eurasia Gold Corp. EGX: RE: Talked to EGX - Eurasia Gold Corp. EGX Exposure to - The International Investment Community... EGX upgrading - web site - We may have a listing on AIM London? and Frankfurt ? Contact - Graham Bevan, Director, [phone], graham.bevan(at)eurasiagold.com; Eurasia Gold Corp., [phone], info(at)eurasiagold.com The IR e-mail at [e-mail] Looking forward to higher Record - - Gold Production & developing of more Gold Mines - is very encouraging! The day will arrive when fundamentals finally dictate to the market, and rightly so. In the mean time, the smart money has been silently sitting back gathering Gold shares. 2006 is going to be the year of fundamental trading and therefore a great year for EGX GOLD... Eurasia Gold Corporation - EGX Oversold / Undervalued / Great diversification Safety --- the Russian Investors may join to BUY EGX GOLD - Russia investors want the GOLD - they know GOLD is the only real money safety - Eurasia Gold Corp. & JSC Charaltyn - Mr. B. Mukashev, President, The company’s assets grew from KZT 4.3 Billion to more than KZT 6.5 Billion 2004. Ex. JSC Charaltyn was created in 1994 with a license to develop the Charaltyn Gold Belt, which exceeds 12 square kilometers in the East Kazakhstan belt territory. Confirmed reserves with very little drilling - controlled by (JSC Charaltyn) taken over by Eurasia Gold Corp. totals 85 tonnes of Gold. (Kazakhstan Today) Goldcorp & Eurasia Gold Corp. on TSE - https://www.tsx.com/HttpController?GetPage=QuotesViewPage&DetailedView=DetailedPrices&Language=en&QuoteSymbol_1=EGX&QuoteSymbol_2=g&QuoteSymbol_3=&QuoteSymbol_4=&QuoteSymbol_5=&QuoteSymbol_6=&QuoteSymbol_7=&QuoteSymbol_8=&QuoteSymbol_9=&QuoteSymbol_10=&QuoteSymbol_11=&QuoteSymbol_12=&x=39&y=19 US Investors Hub - new BB - https://www.investorshub.com/boards/board.asp?board_id=5452 https://www.investorshub.com/boards/board.asp?board_id=2127 ,